Question
Break-Even Analysis for a Service Business : A consulting firm has fixed costs of $50,000 per month and charges $100 per hour for its services.
Break-Even Analysis for a Service Business: A consulting firm has fixed costs of $50,000 per month and charges $100 per hour for its services. If the variable cost per hour is $50, calculate the number of billable hours the firm needs to break even each month.
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Managerial Accounting The Cornerstone of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
7th edition
978-1337116008, 1337116009, 1337115770, 978-1337516150, 1337516155, 978-1337115773
